Weeklies for a few next weeks end at $28/29 strike.
At 12:30 p.m.:alled my broker, she talked to Chicago, initially response was that nothing could be done in terms of reset for those. OK. 10 min later she called back :"Great news" she said ."You should see higher strikes options on Tuesday.' I asked her if I would be the only one to have the privilege. She laughed. Amazing, that 1) No one raised the issue earlier.2)Chicago gang did nothing on their own, until prompted.
What happens to them when the underlying stock splits :the amount splits likewise ,strike and price adjust so total value remains the same as it was prior to the split ? That's it? Never experienced that with the options,long calls, just might with GILD...
Suppose, $40 Jan calls were buys( at $0.10). Why doing that and not buying $30 Jan calls for a just bit more ( volume there has been whole 15 contracts so far)?
You talk about Focus Media, right? Bought out since. So , it is difficult to me to dive into the past, Do you mind briefing me o on what happened then ( stock price reaction, etc..)? Thank you in advance.
Explains the spike in so many names at once
$... mil/year would more than suffice. Hope you have enough balls to look up other oncology companies valuations.Do you own a calculator or you can do it with a pencil as to cost per patient ?
Remember very well another time they published, almost to the word, similar, quite irrelevant , to be polite, when it comes to a biotech company," analysis". It was for PCYC,which was at the time at $20+., about year ago.
Bayer HealthCare and Onyx Pharmaceuticals (ONXX) say the Ministry of Health, Labor and Welfare in Japan has approved Stivarga tablets for the treatment of patients with metastatic colorectal cancer. The drug was approved in the U.S. by the FDA in September 2012.
It is a wash sale ,only if :
1) You sold with a loss, and
2) You bought back within 30 days,regardless of price.
But, wash sale is counted toward the cost of your second buy,.
Transaction 1( all lots are equal, 100 share):you bought at $10, sold at $9. Your loss :$100
Transaction 2( within 30 days, your previous $100 loss can not be recorded. )
You bought @8. Sold @11.Your cost will be not $800 but $900, so you realize a gain will be only $200. So everything is getting accounted for properly. n 2.
If you sold @7, your loss will be $200, not $100( as it would have been without wash sale consideration): provided that no other transaction 3,4 etc happened within next 30 days!!!!! If this is not the case, the chain gets longer in a fashion described.
Every broker's site has G/L tables that calculate and record it for you, after each next transaction.